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ActiveMulti-Family

$1,399,000

773 State St, San Jose 95110

Beds4
Baths3
Sqft1,429
DOM2
No Photos Available

AddressIntel AI Briefing

Since SB 9 is not applicable here, developers should look to stealth density with a primary home renovation. Low local household incomes and flood risk constrain overall ARV potential, requiring a conservative capital approach. Focus on a highly budget-conscious cosmetic upgrade to maximize returns.

Property Permit History

No permit history found directly associated with this property's address.

Recent Neighborhood Remodeling (San Jose)

2026-08-20658 BANFF ST , SAN JOSE CA 95116-3304
Apartment
--Active
2026-08-204908 RICE DR , SAN JOSE CA 95111-3962
Single-Family
--Active
2026-08-2057 S 19TH ST , SAN JOSE CA 95116-2204
Apartment
--Active
2026-08-205961 GLENEAGLES CL , SAN JOSE CA 95138-0000
Single-Family
$28,997Active
2026-08-201065 WHITEBICK DR , SAN JOSE CA 95129-3051
Townhouse
--Active
2026-08-203454 PARKLAND AV , SAN JOSE CA 95117-2919
1 & 2 Family Residential
--Active

Parcel & Zoning Info

APN26436001
Official Lot Sqft4,792
Zoning Code--
SB 9 StatusN/A

Hazard Snapshot

Flood Zone

AO
Special flood hazard area; insurance may be required.

Fire Severity

None
Not in a mapped state fire severity zone.

Liquefaction

Yes
In a mapped liquefaction zone. May require specialized foundation engineering.

Fault Zone

No
Not in a mapped Alquist-Priolo fault zone.

Not a substitute for a Natural Hazard Disclosure (NHD) report. Zones reflect available GIS data and may not cover all localities.

Nearby Public Schools

Elementary School

Rocketship Mateo Sheedy Elementary

Santa Clara County Office of Education

0.2 miles away
Middle School

College Connection Academy

Franklin-McKinley Elementary

2.0 miles away
High School

Yerba Buena High

East Side Union High

1.9 miles away

School boundaries are subject to change. Nearest school distance does not guarantee enrollment eligibility. Check with the local district. Data provided by CDE.

Proprietary Intelligence

Market Heat Index

50/100

Based on recent sales velocity and local demand in 95110.

Flippability Score

45/100

Measures neighborhood renovation density vs. recent permits on this property.

Bidding War Prob.

8%

Likelihood of multiple offers based on local list-to-sale ratios and DOM.

Proforma ROI Calculator

Back-of-the-napkin deal analysis across development strategies.

Median of 6 recent multi-family sales in San Jose (95110): $637/sqft. Sized within 25% of the 2,100 sqft build, because smaller houses sell for more per foot and pricing a rebuild off them overstates resale.

Commission, transfer tax and closing. Deducted from resale before profit, so the ROI below is net of the exit rather than gross.

Carry on total capital for the project duration. At 0% the model is a cash purchase; 12 months at a typical construction-loan rate moves ROI by 6 to 10 points on a deal this size, so price it with your real rate.

Hard Costs$1,155,000
New Build2,100 sqft
Total Capital Required$2,729,000
Estimated Resale (ARV)$1,337,700
Cost of Sale (5%)-$66,885
Net Proceeds$1,270,815

Projected Profit

-$1,458,185
-53.4% ROI

Warning: Project is mathematically underwater.

Recent Comparables (San Jose 95110)

Sized to the modelled 2,100 sqft build: sales within 25% of it. Smaller houses sell for more per foot, so pricing a rebuild off them overstates resale.

165 Union St

Sold
$1,500,000
Sold: 2026-01-16
Lot: 5,071
Sqft: 2232
$/Sqft: $672

647 N San Pedro St

Sold
$4,950,000
Sold: 2025-08-29
Lot: 8,294
Sqft: 2490
$/Sqft: $1,988

1171 Locust St

Sold
$1,227,000
Sold: 2025-08-15
Lot: 5,535
Sqft: 1816
$/Sqft: $676

155 Gifford Ave

Sold
$1,225,000
Sold: 2025-08-11
Lot: 6,320
Sqft: 2368
$/Sqft: $517

327-329 Edwards Ave

Sold
$1,215,000
Sold: 2025-05-30
Lot: 6,969
Sqft: 2020
$/Sqft: $601

370 Edwards Ave

Sold
$970,000
Sold: 2025-05-16
Lot: 5,183
Sqft: 1610
$/Sqft: $602